Radico Khaitan Ltd. News and Updates

Name: Latest research reports of Radico Khaitan Ltd. authored by Dolat Capital and published by - Trendlyne research reports.
Item: Radico Khaitan Ltd.
Rating: 5
Author: Dolat Capital

Keep track of all breaking news on Radico Khaitan Ltd. from all sources in a single place.

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Radico Khaitan Ltd.

24 Jul 2020

2478.30

-3.22%

Radico Khaitan

Buy: Radico Khaitan Ltd.

Dolat Capital

backdrop of Covid. Key highlights were (1) A modest volume de-growth of 10% YoY in Jun (2) 1/3rd debt reduction from Rs 3.8bn in Mar'20 to Rs 2.6bn as of Jun and (3) 740/240bps gross/EBITDA margin expansion. Over the last three years, RDCK experienced robust volume growth, price increases, premiumisation, RM tailwinds, and thus de-leveraging. RDCK's revenue/EBITDA/PAT grew at an impressive CAGR of 13/21/41% over FY17-20. Net debt declined from Rs 9.5bn in FY16, to Rs 2.6bn as of Jun-20. We remain constructive on RDCK story due to...

Radico Khaitan Ltd. has gained 43.98% in the last 1 Year

Radico Khaitan Ltd.

24 Jul 2020

2478.30

-3.22%

Radico Khaitan

Buy: Radico Khaitan Ltd.

Target

ICICI Securities Limited

The company is seeing a good recovery as June sales were only down ~10% YoY and the company expects to reach normal revenue trajectory in H2FY21. On profitability front, gross margin expanded owing to combination of factors like better price realisation and favourable state and product mix and price increase in key southern state of Telangana. Benign input cost and higher product realisation are expected to aid in gross margin improvement and stringent cost control and judicious spend on sales promotion will...

Radico Khaitan Ltd. has an average target of 2999.33 from 3 brokers.

Radico Khaitan Ltd.

09 Jun 2020

2478.30

-3.22%

Radico Khaitan: Long-term cheer stays intact

Moneycontrol

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Radico Khaitan Ltd. has an average target of 2999.33 from 3 brokers.

Radico Khaitan Ltd.

02 Jun 2020

2478.30

-3.22%

Buy Radico Khaitan; target of Rs 363: HDFC Securities

Moneycontrol

HDFC Securities is bullish on Radico Khaitan has recommended buy rating on the stock with a target price of Rs 363 in its research report dated May 30, 2020.

Sharekhan increased Buy price target of Radico Khaitan Ltd. to 2951.0 on 15 May, 2025.

Radico Khaitan Ltd.

29 May 2020

2478.30

-3.22%

Buy Radico Khaitan; target of Rs 400: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Radico Khaitan has recommended buy rating on the stock with a target price of Rs 400 in its research report dated May 29, 2020.

Sharekhan increased Buy price target of Radico Khaitan Ltd. to 2951.0 on 15 May, 2025.

Radico Khaitan Ltd.

29 May 2020

2478.30

-3.22%

Radico Khaitan

Buy: Radico Khaitan Ltd.

Target

ICICI Securities Limited

Strong volume growth continues for IMFL category Despite the lockdown in the latter part of March, RKL was able to deliver double digit volume growth in Indian made foreign liquor (IMFL). For FY20, IMFL volume growth was ~12.5% whereas prestige and above segment grew 15.2% YoY to 7.05 million cases while regular and other segment volumes grew 11.4%. Volume growth was broad based across key states and key IMFL brands. RKL's new brands 8PM Black Whiskey and 1965 Spirit of Victory rum continued their strong growth trajectory. Revenue for FY20...